For the in-depth research on this sector conducted by our expert analysts, please view our related full research products below.
Juniper Research forecasts that the number of connected IoT (Internet of Things) devices, sensors and actuators will reach over 46 billion in 2021. This 200% increase, from 2016, will be driven in large part by a reduction in the unit costs of hardware. Juniper forecasts that it will average close to the ‘magic’ $1 throughout the period. It was found that industrial and public services will post the highest growth over the forecast period, averaging over 24% annually.
Juniper Research Ltd is registered in England & Wales Company No 4365384 © Copyright 2018 Juniper Research Ltd and its licensors - All Rights Reserved